Albanian BOTs worth then gold by Dr Lorenc Gordani, 05th January 2017
Albanian BOTs worth then gold by Dr Lorenc Gordani, 05th January 2017 At the May 2013 the old concession law and regulation was replaced by Law No. 123/2013 "On Concessions and Public-Private Partnership" ("New Law on Concessions and PPP") and accompanying Regulations “For the evaluation and granting of concessions and public-private partnership” approved with DCM no. 575 dated July 10, 2013 ("New Concessions Regulation"). In attempt to harmonize with the EU Directive 2004/18/EC, the new law and regulation introduced the concept of Public-Private Partnership (PPP) and the extension of rights, responsibilities of each party and risk allocation during the concession period. However, almost all the part of the concessionary contracts (above 520 SHPP) are signed along the period 2009 - 2013. Until May 2013, the construction and operation of hydropower…